Allianz Reviews

Updated 14 October 2014
Updated 14 October 2014
102 Reviews
3.8
102 Reviews
Rating Trends

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Allianz CEO Michael Diekmann
Michael Diekmann
40 Ratings

Review Highlights

Pros
  • Very good work life balance, if you're not keen to develop yourself or keep the status quo (in 18 reviews)

  • Decent salary plus very good variable pay which is up to you to make (in 5 reviews)


Cons
  • Work-life balance is fair but fluctuates pretty heavily according to deadlines (in 4 reviews)

  • the same down sides as with all publicly listed companies and multi nationals - a little short term orientated, but still better than competition (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company, very bureaucratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Allianz as an intern

    Pros

    The company looks after their own

    Cons

    It's very top-heavy / bureaucratic

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Fantastic place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Guildford, England (UK)
    Current Employee - Anonymous Employee in Guildford, England (UK)

    I have been working at Allianz full-time (more than 5 years)

    Pros

    Have worked for Allianz for 7 years and cannot speak highly enough of the company. For me it's more than a job, it's somewhere I feel valued and actively enjoy spending time. First and foremost Allianz cares about its people; there are incomparable training and development opportunities for staff and in 7 years I have never once been denied a training request. Wellbeing is a key topic and Allianz allows employees 10 hours paid leave per year to undertake a volunteering activity of their choice. The benefits are excellent; from discounted insurance policies to discounted gym membership, a dry cleaning service on site and numerous other facilities. There is an active Sports and Social club and a robust Reward and Recognition scheme. The culture at Allianz is extremely friendly and many staff have either worked here for years or left and returned to the company - a strong indictment of what a great company it is to work for. The Graduate Schemes are well organised and allow our graduates unrivalled opportunities in training and qualification. Above all, I enjoy coming to work each day and count myself lucky in this respect.

    Cons

    Not always the fastest paced environment to work in.

    Advice to ManagementAdvice

    We have a wonderful company which the majority of employees feel extremely proud to work for. We just need to encourage a more experimentative and innovative culture to ensure we keep pace (or indeed keep ahead) of our competitors.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Super international place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Munich (Germany)
    Current Employee - Business Analyst in Munich (Germany)

    I have been working at Allianz full-time (more than 3 years)

    Pros

    Good work life balance, good compensation, super diverse and great colleagues. Great package especially when based in Germany.

    Cons

    Slow moving, risk averse organization. Sometimes too German centered. German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Progressive, employee friendly organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Technician in Saint Louis, MO (US)
    Current Employee - Account Technician in Saint Louis, MO (US)

    I have been working at Allianz full-time (more than an year)

    Pros

    Benefits, flexibility, vacation, flex time, my manager

    Cons

    Employees tend to have the "inside scoop" on things that should be private especially in regard to coworkers

    Advice to ManagementAdvice

    Be a little more discreet and confidential

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great Place to Start A Career In Insurance (UK)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Guildford, England (UK)
    Former Employee - Project Manager in Guildford, England (UK)

    I worked at Allianz full-time (more than 5 years)

    Pros

    - People focused company, genuinely care about their staff
    - Great training opportunities; good quality training offered for almost any aspect of work and management
    - Spend time and resources on management training and are very clear on what is expected of a manager so management are above average in terms of performance
    - Very stable company, don't do 'knee jerk reactions'
    - Clear about values

    Cons

    - Stable organisation to the point of being slow to change
    - Bureaucratic, not dynamic
    - Slow to deal with poor performers
    - Not particularly good payers

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Great People!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Allianz

    Pros

    Good work/life balance
    Interesting Work
    Friendly Management

    Cons

    Some tasks can become repetitive

    Advice to ManagementAdvice

    Better training for new employees

  8.  

    Very good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Allianz full-time

    Pros

    Good salary and friendly enviromental

    Cons

    manage time and customers. Development new market

    Recommends
  9.  

    Great working environment, nice colleagues, plenty of learning opportunities.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Enterprise Operations Intern in Minneapolis, MN (US)
    Current Employee - Enterprise Operations Intern in Minneapolis, MN (US)

    I have been working at Allianz as an intern (more than an year)

    Pros

    Good pay, plenty of ways to gain experience outside your specific job area.

    Cons

    At time can not be as competitive

  10.  

    Great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Leader
    Former Employee - Team Leader

    I worked at Allianz full-time (more than 10 years)

    Pros

    Friendly people. Excellent support for professional qualifications. Business is growing and respected in the Insurance market. Good benefits package. Great charity supporters.

    Cons

    Work life balance suffers enormously as you are promoted.. Heavy reliance on a few experts means there are huge bottle necks. Providing opportunities for the graduate intake limits career choices for others and often also often results in inexperienced managers who require huge support from their teams which goes unrecognised as they need to hide that others are doing their job.

    Advice to ManagementAdvice

    Change the bonus system. Stop relying on external systems that do not deliver what you need, require huge investment to change anything, cause rework and frustrate the employees. Really look at your people, a lot of talent is unrecognised.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Didnt like it!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Allianz full-time (more than an year)

    Pros

    Trainig was good for starting out in the industry. Most the staff was friendly until you get to management.

    Cons

    Much of a 'who you know' culture. Systems were horrible and pay was below industry average.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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